Bohol's Virgin Island Reopens with Stricter Tourism Rules
Punta Island, known as Virgin Island in Panglao, Bohol, reopens to the public with new strict marine tourism rules approved by DENR-7 and PAMB to protect fragile ecosystems.
Category : Business
SC Rules for GMA Talents in 11-Year Labor Battle
The Supreme Court has affirmed that 94 GMA Network talents are regular employees, not contractors, ordering reinstatement and back wages after an 11-year legal fight.
Philippines Wins 27 ASEAN Tourism Awards, Cebu Properties Shine
Bai Hotel Cebu earns its third ASEAN MICE Venue Award as the Philippines secures 27 recognitions at the ASEAN Tourism Standards ceremony in Cebu City, highlighting the country's tourism excellence.
Rice, Fish Price Hikes Pose Inflation Risks: BSP
The Bangko Sentral ng Pilipinas identifies rising costs of rice, fish, fuel, and peso depreciation as key inflation risks for January 2026, despite some offsetting factors like lower electricity rates.
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Cebu Tourism Focuses on Long-Term Gains After ATF
Following the 45th ASEAN Tourism Forum, Cebu's tourism leaders highlight the lasting economic benefits of MICE events, emphasizing repeat visits and a new guide to boost international confidence.
Family Business Founder Steps Down, Son Takes Over as CEO
After 30 years as CEO, a family business founder announces his decision to step down, passing leadership to his eldest son while reflecting on the balance between building enterprises and meaningful lives.
Banks Keep Lending Standards Steady as Loan Demand Rises
Philippine banks plan to largely maintain credit standards in Q1 2026 despite improved loan demand outlook, with BSP survey showing stable business and household lending conditions.
Bangsamoro Ministry Distributes Fruit Seedlings to Tugunan Cooperative
The Bangsamoro Ministry of Agriculture, Fisheries, and Agrarian Reform has distributed 400 high-value fruit seedlings to a cooperative in Tugunan to enhance farm productivity and livelihood support.
BOC Seizes P1.68M Smuggled Phones from China in Cebu
The Bureau of Customs in Mactan Subport, Cebu, intercepted 247 undeclared mobile phones from China valued at P1.68 million, citing violations of the Customs Modernization and Tariff Act.
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Virgin Island in Bohol Reopens After Coral Damage Closure
Punta Island, known as Virgin Island in Bohol, reopens to tourists on February 2, 2026, following a two-year closure to heal coral damage. New DENR rules enforce ecotourism principles and visitor limits to protect marine life.
CIAC Wins Silver Anvil Award for Annual Report
Clark International Airport Corporation receives Silver Anvil Award for its 2024 annual report, recognized for effective communication of its aviation hub transformation vision.
Kapalong Consultative Meeting on Infrastructure Projects
Acting Governor Oyo Uy and Mayor Edgardo Timbol led a consultative meeting in Kapalong to align infrastructure projects with the 2026 budget, emphasizing unity and transparent development.
ASEAN Tourism Forum Delegates Tour Pampanga for Cultural Immersion
Delegates from the ASEAN Tourism Forum 2026 visited Pampanga for a post-forum cultural tour, experiencing Kapampangan cuisine, history, and traditions at Apag Marangle and Museo de Angeles.
BCDA-Berthaphil Partnership Boosts Clark Aviation Development
The Bases Conversion and Development Authority (BCDA) and Berthaphil Inc. have signed an MOU to study aviation industry opportunities in Clark, Tarlac, supporting infrastructure and regional growth.
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GSIS Emergency Loans for Albay, Cebu Calamity Victims
The Government Service Insurance System offers emergency loans to active members and pensioners in Albay and Cebu City affected by Mayon Volcano's increased activity and a landfill landslide. Applications are open until February 7, 2026.
NEPC Boosts IEC Campaign for Bacolod Vendors
Negros Electric Power Corporation intensifies its information, education, and communication campaign with Bacolod City vendors to enhance consumer awareness on electricity rights and services.
DPWH Prioritizes Sto. Cristo Flyover Completion in Angeles City
DPWH Secretary Vince Dizon inspected the Sto. Cristo Flyover in Angeles City, Pampanga, ordering fund release to complete the 3-year-delayed project by June 2027 to ease traffic on McArthur Highway.
PNP Warns Against Cryptocurrency, Online Investment Scams
The Philippine National Police issues a fresh warning about cryptocurrency and online investment scams, revealing 311 cases reported in 2025. Authorities urge vigilance and verification.
PH Tourism Hits $91.8B, Leads SE Asia in Economic Impact
The Philippines' travel and tourism sector contributed a massive US$91.8 billion to the economy in 2025, making it the top contributor in Southeast Asia, according to a new World Travel and Tourism Council report.
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Da Nang Targets Filipino Tourists After ASEAN Tourism Forum 2026
Following the ASEAN Tourism Forum 2026 in Cebu, Vietnam's Da Nang City is enhancing tourism efforts with direct flights, green travel initiatives, and affordable luxury to attract Filipino visitors.
Gov't Pushes Airfare Price Index for Fair Travel Costs
Tourism Secretary Christina Garcia Frasco announces a plan for a monthly airfare price index to help travelers compare ticket prices and protect against overpricing in the Philippines.
Filipino Exporters: AI-Aware but Need Stronger Systems
A new study reveals Filipino exporters have advanced beyond basic digital skills but require enhanced internal systems to fully adopt AI. The report highlights gaps in automation and training.
BSP Governor's Financial Vision: Innovation, Inclusion, Integrity
Bangko Sentral ng Pilipinas Governor Eli M. Remolona Jr. emphasizes three essential pillars for safeguarding the financial system during annual reception, highlighting lessons from past resilience.
Cebu Hosts ASEAN Tourism Forum 2026 with Cultural Flair
Cebu City welcomed 5,000 delegates for the ASEAN Tourism Forum 2026, featuring cultural tours, high-level meetings, and a focus on sustainable tourism cooperation in the region.
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Philippine Agriculture Hits 8-Year High in 2025
The Philippines' agriculture, fishery, and forestry sector achieved a 3.1% growth in 2025, marking an eight-year high. Key drivers include increased production of palay, corn, and sugar, with government investments in infrastructure and climate resilience
Investors Watch PH Anti-Corruption Drive in Flood Projects
Palace Press Officer Claire Castro emphasizes the administration's seriousness in addressing corruption in flood control projects, highlighting its importance for restoring business confidence and public trust.
PH Assures Korea on Tourist Safety, Air Links at ASEAN Forum
Tourism Secretary Christina Frasco met with South Korean Vice Minister Kim Dae Hyun in Cebu, discussing enhanced security measures and expanded air connectivity to boost tourism between the two nations.
Davao Chicken Prices Ease After Holiday Rush
Chicken prices in Davao City have normalized after December spikes, with Bankerohan Public Market offering the most affordable options. While poultry costs ease, vegetable prices rise due to hot weather affecting supply.
Samal Ready for Power Shift from Nordeco to Davao Light
Mayor Toto Reyes confirms Samal City's readiness for the electric service transition, citing decades of reliability issues. Davao Light has secured a court writ to take over operations.
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Bucana Bridge Lights Up Davao, Marks China-Philippines Ties
Chinese Ambassador Jing Quan and DPWH Senior Undersecretary Emial K. Sadain witnessed the handover of the Bucana Bridge in Davao City. The bridge enhances connectivity, boosts economic development, and stands as a symbol of bilateral cooperation.
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